Universal Health Services, Inc. (NYSE: UHS – Get a rating) received an average recommendation of “Hold” from the seventeen research companies that currently cover the title, market beat reports. Two research analysts rated the stock with a sell recommendation, four gave the company a hold recommendation and two gave the company a buy recommendation. The 12-month average price target among brokers who have covered the stock over the past year is $119.57.
A number of analysts have weighed in on UHS stocks recently. Stephens raised his price target on Universal Health Services stock to $110.00 and gave the company an “outperform” rating in a Wednesday, July 27, report. Mizuho cut its price target on Universal Health Services stock from $153.00 to $121.00 and set a “buy” rating on the stock in a Friday, July 1 report. Cowen cut its price target on Universal Health Services to $119.00 in a Tuesday, Aug. 9 report. SVB Leerink raised its price target on Universal Health Services from $111.00 to $115.00 and gave the stock a “market performance” rating in a Wednesday, August 24 research note. Finally, BMO Capital Markets downgraded Universal Health Services from a “market performance” rating to an “underperformance” rating and lowered its price target for the company from $133.00 to 90.00. $ in a research note from Wednesday, July 6.
Institutional trade in universal health services
A number of hedge funds have recently changed their stock holdings. National Bank of Canada FI increased its holdings in Universal Health Services by 4,969.3% in the second quarter. National Bank of Canada FI now owns 511,950 shares of the healthcare provider valued at $51,636,000 after purchasing an additional 501,851 shares during the period. AQR Capital Management LLC increased its stake in Universal Health Services by 393.4% during the second quarter. AQR Capital Management LLC now owns 568,870 shares of the healthcare provider valued at $57,248,000 after buying an additional 453,569 shares last quarter. The Bank of Nova Scotia increased its stake in shares of Universal Health Services by 273.2% during the second quarter. The Bank of Nova Scotia now owns 369,581 shares of the healthcare provider worth $37,221,000 after buying an additional 270,548 shares last quarter. Goldman Sachs Group Inc. increased its position in Universal Health Services shares by 45.4% during the second quarter. Goldman Sachs Group Inc. now owns 802,139 shares of the healthcare provider worth $80,784,000 after buying an additional 250,295 shares in the last quarter. Finally, FMR LLC increased its stake in Universal Health Services by 3.6% in the 2nd quarter. FMR LLC now owns 5,580,653 shares of the healthcare provider valued at $562,028,000 after purchasing an additional 195,345 shares last quarter. Hedge funds and other institutional investors hold 88.93% of the company’s shares.
Performance of universal health services actions
UHS stock opened at $93.05 on Tuesday. Universal Health Services has a 1-year minimum of $82.50 and a 1-year maximum of $158.28. The company has a 50-day moving average price of $97.14 and a 200-day moving average price of $110.85. The company has a market capitalization of $6.79 billion, a P/E ratio of 9.48, a PEG ratio of 2.74 and a beta of 1.19. The company has a debt ratio of 0.78, a current ratio of 1.22 and a quick ratio of 1.12.
Universal Health Services (NYSE: UHS – Get a rating) last announced its quarterly results on Monday, July 25. The healthcare service provider reported earnings per share of $2.20 for the quarter, beating the consensus estimate of $2.08 by $0.12. The company posted revenue of $3.32 billion in the quarter, versus $3.27 billion expected by analysts. Universal Health Services posted a net margin of 5.94% and a return on equity of 12.88%. The company’s revenue increased by 3.9% compared to the same quarter last year. In the same quarter of the previous year, the company achieved EPS of $3.76. As a group, equity research analysts expect Universal Health Services to post EPS of 9.89 for the current fiscal year.
Universal Health Services Company Profile
Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals and ambulatory and behavioral health care facilities. The Company operates through the Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals offer general and specialized surgery, internal medicine, obstetrics, emergency care, radiology, oncology, diagnostic and coronary care, pediatrics, pharmacy and/or behavioral health.
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